An update on US consumer sentiment: Gloomier outlook ahead of sunnier days
June 17, 2026 by Christina Adams , Kari Alldredge , and Thomas Kilroy
In the second quarter of 2026, US consumers faced uneven hiring, rising inflation, and ongoing geopolitical tensions. Against that backdrop, a smaller share of consumers reported feeling optimistic about the economy, while a greater share said they felt pessimistic. Consumers also reported intentions to pull back spending across most discretionary categories. The pullback was most pronounced among low-income consumers, though even higher-income consumers said they may cut back on “nice to haves.”
Originally Posted at Mckinsey & Company on May 28, 2026 by Christina Adams , Kari Alldredge , and Thomas Kilroy.
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